# PPP loan: BYFORD MACHINE-TOOL, INC.
> **$382K** approved 04/06/2020 · Paid in Full · Loan `5952227001`
## Borrower
- **Name:** BYFORD MACHINE-TOOL, INC.
- **Address:** 2038 State Hwy 6, VALLEY MILLS, TX, 76689
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $382K
- **Initial approval:** $382K
- **Forgiven:** $384K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $382K
- **Jobs reported:** 27
## Lender
- **Originating:** First Security State Bank
- **Servicing:** First Security State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*